Fund Finance 2023

Why You Should Attend

Fund Finance 2023 brings together global industry leaders, finance professionals and investors to discuss and explore the latest trends, strategies and insights in the fund finance market. 

This highly anticipated program – now in its fifth year – will focus on the terms, structures and complexities of the market, including subscription lines and capital call facilities, secondaries and continuation fund financings and NAV and preferred equity financings.  The program will also have a dedicated panel on one of the most rapidly growing areas of fund finance -  GP-led and LP-led collateralized fund obligations and rated feeder structures.  The panelists will also discuss the increasing presence of investment funds, insurance companies, pension plans and other non-bank capital throughout the fund finance ecosystem.

Fund Finance 2023 will provide a platform for participants to gain a deep understanding of the market, network with thought leaders and foster collaborations that drive innovation and growth throughout the fund finance industry.

What You Will Learn

After completing this program, participants will be able to:

• Understand the material issues and concerns with a wide array of subscription line, secondaries and continuation fund financing structures
• Demonstrate a broad knowledge of NAV facilities and preferred equity financings, including challenges with security arrangements and related foreclosure concerns
• Explain the rapid growth of both GP-led collateralized fund obligations and related regulatory concerns affecting both CFOs and rated feeder structures.
• Understand current market updates and forecasts for the fund finance industry   

Who Should Attend

Fund finance attorneys and bankers, structurers and marketers, investment advisors and consultants involved in the structuring, negotiation and documentation of secondaries and NAV facilities, subscription lines, collateralized fund obligations and other fund finance facilities and products.

Program Level: Update

Prerequisites: A general understanding of fund finance terms and structures.

Segments with an asterisk (*) are available only with the purchase of the entire program.

• Opening Remarks* [00:08:57]
  Matthew K. Kerfoot
• Subscription Lines and Secondaries Financings [00:59:51]
  Flora Go, Leah Edelboim, Ashley Belton Gold
• NAV Lending and Preferred Equity Financing [00:59:10]
  Jocelyn A. Hirsch, Andie Goh, Ron D. Franklin, Elizabeth Tabas Carson, Matthew K. Kerfoot
• Raising Insurance Capital: Collateralized Fund Obligations and Rated Feeder Structures [01:00:50]
  Lawrence R. Hamilton, Akhil Bansal, Jonathan Adler, John Sciales, Matthew K. Kerfoot

The purchase price of this Web Program includes the following articles from the Course Handbook available online:

• Complete Course Handbook
• Subscription Lines and Secondaries Financings
  Flora Go
• Fund Finance 2023 (PowerPoint slides)
  Matthew K. Kerfoot,Ron D. Franklin
• Elizabeth Tabas Carson, Annie Wallis, Angela Richards, Dan Philion, Dennis Twomey, Anna Gumport, Maggie Deutsch and Victoria Grace-Hunt, Equity-Like Sweeteners Go Mainstream (June 16, 2023)
  Elizabeth Tabas Carson
• NAIC Initiatives Affecting Fund Finance (August 1, 2023)
  Lawrence R. Hamilton
• Pierre Maugüé, Ramya S. Tiller and Christine Gilleland, Innovative Rated Note Structures Spur Insurance Investments in Private Equity
  Ramya S. Tiller

Presentation Material

• Advanced Issues in Subscription Facilities and Introduction to Secondaries
  Ashley Belton Gold, Leah Edelboim, Flora Go
• Portfolio Financing Solutions: NAV & Preferred Equity
  Ron D. Franklin, Andie Goh, Jocelyn A. Hirsch, Matthew K. Kerfoot, Elizabeth Tabas Carson
• Collateralized Fund Obligations
  Matthew K. Kerfoot
• Insurance Regulatory Changes Affecting Fund Finance
  Lawrence R. Hamilton
• Introduction to Rated Note Structures
  Jonathan Adler

Fund Finance 2023 brings together global industry leaders, finance professionals and investors to discuss and explore the latest trends, strategies and insights in the fund finance market. 

This highly anticipated program – now in its fifth year – will focus on the terms, structures and complexities of the market, including subscription lines and capital call facilities, secondaries and continuation fund financings and NAV and preferred equity financings.  The program will also have a dedicated panel on one of the most rapidly growing areas of fund finance -  GP-led and LP-led collateralized fund obligations and rated feeder structures.  The panelists will also discuss the increasing presence of investment funds, insurance companies, pension plans and other non-bank capital throughout the fund finance ecosystem.

Fund Finance 2023 will provide a platform for participants to gain a deep understanding of the market, network with thought leaders and foster collaborations that drive innovation and growth throughout the fund finance industry.

What You Will Learn

After completing this program, participants will be able to:

• Understand the material issues and concerns with a wide array of subscription line, secondaries and continuation fund financing structures
• Demonstrate a broad knowledge of NAV facilities and preferred equity financings, including challenges with security arrangements and related foreclosure concerns
• Explain the rapid growth of both GP-led collateralized fund obligations and related regulatory concerns affecting both CFOs and rated feeder structures.
• Understand current market updates and forecasts for the fund finance industry   

Program Level: Update

Prerequisites: A general understanding of fund finance terms and structures.